Why is Skipper falling/rising?

As of 04-Sep, Skipper Ltd's stock price is currently at 548.30, reflecting an increase of 3.5 (0.64%). The stock has shown strong performance recently, gaining 6.26% over the last four days and outperforming its sector by 0.4% today. It reached an intraday high of Rs 567, and it is trading above all key moving averages, indicating positive momentum. The company has reported consistent growth, with net sales increasing at an annual rate of 30.34% and operating profit at 43.87%. Additionally, Skipper has declared positive results for the last ten consecutive quarters, contributing to a robust return of 33.20% over the past year, alongside a significant profit increase of 65.8%.
In the broader market context, Skipper's short-term return of 4.16% over the past week significantly outpaces the Sensex's return of 0.80% during the same period. This strong performance is indicative of the company's solid fundamentals and market positioning, especially as it trades at a discount compared to its peers' average historical valuations. However, it is worth noting that there has been a decline in investor participation, with delivery volume falling by 26.25% against the five-day average, which could be a concern for future liquidity. Overall, the stock's recent rise is supported by its healthy financial metrics and consistent returns, despite some signs of reduced trading activity.